The average cost for car insurance in Delaware costs $787 per annum for minimum coverage, and $1775 per annum for full coverage. These rates are significantly higher than the average national annual premium. It’s not surprising that Delaware has a higher cost for car insurance than the national average. This small state is crowded with drivers and cars.
As of 2019, there were more than 800,000. licensed drivers in Delaware, and more than 1,000,000 licensed vehicles. This is a large number of vehicles for a state that has just over 6,000 miles. The state was responsible for nearly 29,000 crashes in 2018, resulting in more than 8,100 injuries and 110 death. You can protect your finances by finding the best Delaware car insurance.
Delaware has the cheapest car insurance
Although car insurance is required in Delaware (and in most other states), it does not have to be costly. Bankrate can help you find affordable car insurance in Delaware.
Our search began for the cheapest car insurance in Delaware. We obtained current premium information from Quadrant Info Services, which shows the biggest providers according to market share. The data was then analysed. We also looked at coverage options, discounts, and third-party rankings.
USAA offers the lowest average minimum and complete coverage premiums. The company does not sell insurance to military personnel and their immediate families. USAA could be a good choice for Delaware drivers who meet the requirements.
USAA offers many discounts, which could save you even more. There are many ways to save money: insuring a brand new vehicle, garaging it on a military base or storing it while you are deployed. You can also insure multiple policies and drive low annual miles. USAA offers optional coverages such as roadside assistance and accident forgiveness.
Travelers may be the right choice if you’re looking for affordable insurance, but with a wide range of coverage options. The company also offers optional coverages such as ridesharing, accident forgiveness, new car replacement, roadside help, gap insurance, and roadside assistance.
There are many discounts offered by Travelers. You can get discounts for smart students, good drivers, hybrid and electric vehicle owners, and homeowners, even if your home is not covered by Travelers.
All over the country
Nationwide’s minimum and maximum coverage premiums are significantly lower than Delaware’s. Nationwide also offers many optional coverages such as gap insurance, vanishing-deductible, rental car reimbursement, accident forgiveness, and roadside assistance.
Nationwide’s discount can be used by drivers to get a lower premium. Bundling policies, good grades, and enrollment in SmartRide’s safe driver program can save you money. SmartMiles is a pay per mile insurance policy offered by Nationwide. This policy can be ideal for those who are not frequent drivers and want affordable coverage.
Geico is a good option for those who are looking for low rates and digital tools. Geico’s web customer portal is strong and the mobile application is highly recommended on both Google Play and App Store. The app allows you to view your ID card, pay your bill and file a claim.
Geico offers car insurance discounts that are quite attractive. There are many savings options available, including those for active duty military personnel, federal employees, and for cars with safety equipment.
Progressive’s full-coverage car insurance policies are slightly more expensive than the Delaware average, but they also offer a wide range of discounts. There are many ways to save money: continuous insurance, buying your quore online, signing up paperless statements, and becoming a homeowner. You have unique online tools as a Progressive customer.
You might find coverage options within your budget using the Name Your Pricing Tool. Progressive’s website allows you to compare quotes from multiple providers, which can help you save time.
Delaware drivers must have minimum coverage
A minimum amount of insurance is required for every Delaware driver who owns a car registered under their control. The minimum insurance required by Delaware is:
- $25,000 per person for bodily injury
- $50k bodily injury per accident
- $10,000 damage to property
- $15,000 per person personal injury protection (PIP).
- $30,000 per accident personal injury protection (PIP).
- $5,000 Personal Injury Protection (PIP), for funeral expenses
Minimum coverage insurance is the most affordable option for drivers. This may not be the best way to save money on car insurance. The minimum state coverage may not cover all costs associated with an accident. Drivers who have financial responsibility that exceeds their coverage limits are subject to being required to pay out-of-pocket for the remainder. Insurance professionals will recommend you buy higher liability limits if possible.
Minimal coverage does not cover damage to your car. To protect your vehicle, you will need complete coverage. This includes collision and comprehensive. Your lender may require you to have full coverage if you have a loan.
How to Get Delaware Car Insurance at a Cheap Price
You might start your search for affordable auto insurance providers in Delaware if you’re looking for the best deal. There are other options that might offer cheaper coverage.
- Compare quotes: Get quotes from multiple providers before you make a decision on an insurance company. This is a great way to find out which insurance company offers the best rate and coverage.
- Discounts: Many drivers are able to take advantage of discounts in order to receive a lower premium. While discounts vary from one insurance company to the next, there are usually savings for being claims-free and paying your premium fully, being a good student, or bundling policies.
- Increase your deductibles This is the amount that you will have to pay out of your pocket in case you file a claim for damages to your vehicle. You might be able to save money by raising your deductibles. If you have to file a claim, you should consider the higher out of pocket expense.
- Select coverage carefully. Although it can be tempting for you to buy add-on coverages to increase your protection, you might want to be strategic. Every endorsement will increase the premium.
A licensed agent can help you determine the coverage you need and what coverages you should purchase. A licensed agent might be able recommend the right coverages for you.
Questions frequently asked
What is the best Delaware car insurance?
Every driver will have a different best car insurer in Delaware. It all depends on your budget and personal criteria. It is important to take the time to determine what you need and want from an insurance company before you start looking for it. This will help you narrow down your list of potential carriers. After getting quotes from multiple companies, you can compare the prices, coverage options, and customer reviews to help you make a decision.
What is the average cost for car insurance in the United States?
The average cost for car insurance in the United States of $1,674 annually for a full coverage policy is $1.674. The average Delaware driver pays $1775 annually for a full coverage policy. The average premium for minimum coverage in Delaware is $787, compared to the $565 national average.
What is full coverage insurance?
Full coverage car insurance covers damage to your vehicle. Full coverage policies include comprehensive and collision coverages. Full coverage simply refers to your vehicle’s coverage — collision and comprehensive — but insurance companies and agencies might have different definitions. These may include PIP, uninsured or underinsured motorist coverage, rental reimbursement, roadside assistance, and PIP.